In November 2020, the Filecoin Plus (Fil+) project was officially launched to encourage real storage on the network through tenfold rewards for valid data. Customers with real data and storage requirements can apply to a notary for a DataCap quota. After being reviewed by a notary, customers can choose a storage provider for data storage. Storage providers who accept customer DataCap allocations will be rewarded ten times as much for storage service offerings.
More details: Powpower.net
Incentivized by the tenfold reward, storage service providers have lowered the price of storage services one after another, and even announced that they will provide storage services for customers free of charge. In order to reduce storage costs and experience the Web3 storage method, a large number of traditional enterprises poured into the Filecoin network to apply for DataCap quotas from notaries. So far, a win-win situation for storage service providers, customers and networks has been formed.
On December 11, 2021, the DataCap applied by POWPOWER has been approved, the total DataCap requested is 5PiB, and the expected weekly DataCap usage rate is 100TiB.
https://github.com/filecoin-project/filecoin-plus-large-datasets/issues/89
